In 2004, when Google founders Larry Page and Sergey Brin wrote to prospective shareholders about their vision for the company, they outlined a commitment to contribute significant resources, including 1% of Google's equity and profits in some form, as well as employee time, to address some of the world's most urgent problems. That commitment became Google.org.
Google.org is a hybrid philanthropy that uses a range of approaches to help advance solutions within five initiatives. Google.org operate in a traditional manner by supporting partners’ work with targeted grants. But Google.org can also invest in for-profit endeavors, such as efforts by companies to develop breakthrough renewable energy technologies. Google.org structure also allows to lobby for policies that support their philanthropic goals. Additionally, they tap Google’s innovative technology and, most importantly, its inspired workforce. They have already begun to donate and invest Google.org’s funds, and expect to continue to do so in the future.
Google.org
Google.org is a hybrid philanthropy that uses a range of approaches to help advance solutions within five initiatives. Google.org operate in a traditional manner by supporting partners’ work with targeted grants. But Google.org can also invest in for-profit endeavors, such as efforts by companies to develop breakthrough renewable energy technologies. Google.org structure also allows to lobby for policies that support their philanthropic goals. Additionally, they tap Google’s innovative technology and, most importantly, its inspired workforce. They have already begun to donate and invest Google.org’s funds, and expect to continue to do so in the future.
Google.org
Comments
Post a Comment